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European Union (EU) states and the European Parliament have reached a deal on the bloc’s first ever set of rules to regulate environmental, social and governance (ESG) ratings of company sustainability credentials, which guide trillions of investment dollars globally.
The three most-cited debt-rating firms are all expecting Congress ultimately to raise the federal debt ceiling – despite a deep partisan divide – though they’re split on the implications of any move to prioritise payments on Treasuries in the event the debate goes into extra time.
Meta chief Mark Zuckerberg said Jan 7 that the group's platforms including Facebook and Instagram would in future imitate rival X's "Community Notes" feature rather than using professional fact-checkers.
In an era of jump scares and Skibidi Toilet, kids need to have their media consumption under control.
LONDON: Vladimir Putin’s invasion of Ukraine is shining the spotlight on the largely unregulated business of environmental, social and governance (ESG) ratings, after investments billed as socially conscious bought into a regime that’s now being accused of war crimes.
Violent video games are often blamed for making young people more aggressive. However, a recent study conducted in the Czech Republic challenges this preconception.
KUALA LUMPUR: Public listed companies (PLCs) need to step up on environmental, social and governance (ESG) disclosure to comply with Bursa Malaysia's enhanced sustainability reporting by 2025 for the Main Market and 2026 for the ACE Market, said Bursa Malaysia.
New York: Healthcare payments software maker Waystar Holding Corp fell 3.7% in its trading debut after raising US$968mil in the year’s largest initial public offering (IPO) by a US-based company.
BEIJING: A spate of defaults by Chinese borrowers with seemingly impeccable onshore ratings has left antsy investors in the world’s second-largest credit market craving credible research to distinguish good debt from bad.
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing.
SINGAPORE: South-East Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Fleeing donors and leadership shakeups at elite US colleges like Harvard University and the University of Pennsylvania are elevating risks for tens of billions of highly-rated debt, according to Bloomberg Intelligence.
LONDON: Risks don’t come much longer term than climate change, so you might expect sovereign wealth funds (SWFs) to be all over it, as investment giants with decades in their sights.
Greg Brown and Mitchell Moffit posted a video to YouTube engineered to get your clicks. They gave it an alluring title: “The Biggest Lie About Climate Change.”
(Reuters) - Alphabet Inc's Google told Reuters this week it is developing an alternative to the industry standard method for classifying skin tones, which a growing chorus of technology researchers and dermatologists says is inadequate for assessing whether products are biased against people of color.
BEIJING: Beijing said on Tuesday (Feb 10) it "never engages" in cybertheft, following US indictments of four Chinese army members for alleged involvement in the massive 2017 hacking of credit rating agency Equifax.
Beijing said on Feb 11 it "never engages" in cybertheft, following US indictments of four Chinese army members for alleged involvement in the massive 2017 hacking of credit rating agency Equifax.
